Farmers Antigua Trust (FAT) Carbon Credits Verification Governance Policies
At Farmers Antigua Trust (FAT), located at Dredge Bay, Saint Johns, Antigua, we are committed to maintaining the highest standards of integrity and transparency in our carbon credits verification processes. Our stringent governance policies are designed to ensure the credibility and legitimacy of our carbon credit programs. We take pride in our partnerships with world-renowned audit firms, including BDO and Carbon Core, to uphold these principles. Our verification standards are aligned with UNCC (United Nations Climate Change) laws and regulations, particularly focusing on achieving zero emissions standards.
- Audit Firms Collaboration: FAT collaborates with leading audit firms such as BDO and Carbon Core to conduct thorough assessments and verifications of our carbon credit programs. These firms are selected based on their reputation and expertise in sustainability and environmental accounting.
- UNCC Compliance: We strictly adhere to UNCC laws and regulations when measuring and verifying our carbon credits. Our programs are designed to align with global efforts to combat climate change, promoting sustainable practices and reducing carbon emissions.
- SWISSX Brands and SWISSX XRP Token: FAT is the proud owner and manager of SWISSX Brands, including the SWISSX XRP Token, which is pegged to the live SWISSX Carbon Offsets market values. We pay particular attention to the quality of Swissx Blue Carbon credits, ensuring that they meet the highest environmental and ethical standards.
Regulatory Compliance in Switzerland and the USA:
Swiss Financial Market Supervisory Authority (FINMA):
- SEC Regulations: FAT complies with the regulatory requirements set forth by FINMA in Switzerland, which is the Swiss Financial Market Supervisory Authority. FINMA oversees financial markets and ensures compliance with Swiss laws and regulations.
- Transparency and Reporting: We adhere to FINMA’s strict transparency and reporting guidelines, which require regular disclosures and audits to maintain the highest level of accountability in our operations.
Securities and Exchange Commission (SEC) in the United States:
- SEC Regulations: In the United States, FAT adheres to the regulations established by the Securities and Exchange Commission (SEC), which governs the securities industry and ensures that investors are provided with accurate and reliable information.
- SAFT (Simple Agreement for Future Tokens): FAT follows SEC regulations regarding SAFT agreements, specifically those related to Swissx XRP Tokens. These agreements are structured to provide a legal framework for the issuance and sale of tokens, ensuring transparency and investor protection.
- Ongoing Sustainability Practices: FAT’s commitment to ongoing sustainability practices is in line with SEC’s expectations for companies to integrate environmental, social, and governance (ESG) considerations into their operations, ensuring long-term sustainability.
In conclusion, FAT’s governance policies for carbon credit verification emphasize compliance with global standards, collaboration with reputable audit firms, and adherence to regulatory frameworks in both Switzerland (FINMA) and the United States (SEC). These policies are instrumental in maintaining the credibility and sustainability of our carbon credit programs and SWISSX Brands, while also contributing to global efforts to combat climate change.